10 February 2009

Now? Now we're all socialists?

In the same way that baby-boomers think they discovered sex, Newsweek believe they are breaking one heck of a big story: We're all socialists now.

[T]he simple fact of the matter is that the political conversation, which shifts from time to time, has shifted anew, and for the foreseeable future Americans will be more engaged with questions about how to manage a mixed economy than about whether we should have one.
Where have these people been? With few exceptions there hasn't been much discussion of any note of whether we should have a mixed economy. That we would have a mixed economy was a foregone conclusion of the two presidential campaigns won by President Bush and the last campaign. For all his talk about businesses' need for tax relief, the fact of the matter is McCain is still a believer in interventionst economics. It is just a matter of the type of intervention. Tax cuts are not the absence of government intervention: the taxes are still in place; the only difference is reduction of the tax rate! Moreover, the purpose of the tax rate cut is to affect the economy. That is interventionist economics just as much as Obama's deficit-spending-ridden stimulus.

But Newsweek have even bigger news than that: "In many ways our economy already resembles a European one. As boomers age and spending grows, we will become even more French."

Gosh, ya think?

I have news for Newsweek: Garet Garret broke this story decades ago. Decades. 1938, to be precise.

Some conservatives have been saying this for years. When they have done so, they have been treated as if they have foil in their hats, to keep the commies from programming their minds.

Now; now that journalists (rushing in like the newsies of yester-year , with their read-all-about-it baloney) have said so; now, at long last -- now, we are entitled to believe we live in a socialist nation.

While one might want to say, as Bruce Willis did to Reginald VelJohnson , in Die Hard, "Welcome to the party, pal!"



But the fact is it's more than a little too late.

The American people, for too long, have been denied critical, need-to-know information, like this guy:



Yeah. It's like that sometimes.

0 comments:

About Me

James Frank SolĂ­s
Former soldier (USA). Graduate-level educated. Married 26 years. Texas ex-patriate. Ruling elder in the Presbyterian Church in America.
View my complete profile

Blog Archive

Capitalism